I'm old enough to know that I don't have any answers, but that won't stop me talking
When the Australian Stock Exchange closed this afternoon, it was officially down 20% from the record high in February. A 20% decline from a peak is officially regarded as a bear market. How long will this last? I think the distance in the GFC from peak to bottom was about 16 months – November 2007 …
Continue reading “Which will end first – the Bear Market or my toilet paper supply?”
My share portfolio took a big hit a couple of weeks ago, but nothing compared to what I would have lost if I had not headed for the exit last Tuesday. According to the watch list which I just recreated on my newly reinstalled Bloomberg app on my iPhone, I am now $25,000 better off …
As I have indicated before, I consider that all the paranoia about the Coronavirus stems from the hard wiring we have from the 1600 plus years of eschatological conditioning from the time when Christianity become compulsory in the Roman Empire. However, I cannot help but notice the effect on my share portfolio. Is someone who …
The above photo was taken a couple of hours ago at my local bookshop at Highpoint Shopping Centre. This section is the Spirituality section where you buy the Bibles. As you can see, the shelves here are almost empty. It appears that the threat of Coronavirus has now caused people to move on from panic …
Continue reading “Forget about Toilet Paper – Coronavirus is now causing panic buying of Bibles!”
As you might guess from some of what I occasionally post on this blog, I am a bit of a Shakespeare fan. And I am both fascinated by and appalled by the theories that the plays were not written by Shakespeare. Ben Elton, in writing a recently broadcast episode of Upstart Crow (a sitcom about …
Continue reading “Upstart Crow – how best to debunk the Shakespearean authorship myths”
Just got back from my local Coles, and yes, the Coronavirus panic buying is real. Most tinned food, hand sanitiser, pasta, and toilet paper (except for the brands reputed to be as soft as sandpaper) have sold out. I have not seen anything like it. I don’t need to panic buy stuff. Ever since the …
The Vienna based (but American) fantasy novelist, Jonathan Carroll, once wrote a wickedly black short story ‘The Jane Fonda Room’, in which damned person gets to choose their own unique version of Hell, and the protagonist of the story chooses The Jane Fonda Room, where he will watch all her films over and over again …
Continue reading “Rock Me Amadeus – Entering a unique version of Hell”
Ouch ouch ouch! Last Friday afternoon, I really should have pressed the sell button on my share portfolio. After one week (so far) of blood letting in the share market, I am down over $30G! It looks like Coronavirus is the black swan event which we all expected but which none of us were prepared …
In the past week, the Fairfax press has revealed that Australian swimming champion Mack Horton was apparently going to have a swimming pool named after him at his old school, Caulfield Grammar, but that this plan was quietly shelved due to his public criticism of convicted drug cheat Sun Yang, in order to protect the …
Continue reading “Caulfield Grammar, Mack Horton, and a Swimming Pool”
I consider myself as a personally conservative person, albeit someone who reluctantly describes himself as a libertarian (very reluctantly – I loathe the word). As such, I would have some guarded sympathy for the Liberal Party, albeit as someone who very much regards himself as an outsider looking in. As a responsible and engaged citizen, …
Continue reading “What would Elvis do? Reflections on a slow moving Liberal Party tram wreck…”
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